Question
Assume the government wants to increase GDP without changing interest rates. What kind of policy mix would you recommend and how would your policy changes
Assume the government wants to increase GDP without changing interest rates. What kind of policy mix would you recommend and how would your policy changes affect the composition of GDP? Explain your answer with the help of an IS-LM diagram and explain the adjustment processes that will take place.
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Classics In Game Theory
Authors: Harold William Kuhn
1st Edition
1400829151, 9781400829156
